That comes up against the weak anecdotes we keep hearing about. The beige book did not sound like the robust economy. I dont know what you are hearing from the companies and everything. It is not robust news. The question becomes not so much the strong Third Quarter. The question is in the Fourth Quarter and if the fed wants and needs a slowdown to feel comfortable about inflation. I dont know if we have the problabilities available. The first is the tenyear note which is darn close to 5 . 4. 98 was the top overnight. It is now down a bit. The second is limited or almost no chance. Quickly, ill give you the probability. 5. 7 for november. It jumps up to 39 for december. Then it is 47 for january. If you hear from the companies, mike, i say most of the ceos are concerned about what is coming. Generally, that is true. If you get a slowdown, it doesnt usually happen precipitously. I think the market wants the ability to try to start to focus fully on companies and on exactly how the busin
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Basis-points
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Mortgage-rates
Stock-market
Bob-pisani
Stocks-holding
Bond-market
Assets-management
Morgan-stanley
Foreign-policy
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